01623cam a22002537 4500001000600000003000500006005001700011008004100028100002100069245010100090260006600191490004100257500001900298520061400317530006100931538007200992538003601064690005401100700002401154710004201178830007601220856003701296856003601333w6785NBER20150802180750.0150802s1998 mau||||fs|||| 000 0 eng d1 aDavis, Donald R.13aAn Account of Global Factor Tradeh[electronic resource] /cDonald R. Davis, David E. Weinstein. aCambridge, Mass.bNational Bureau of Economic Researchc1998.1 aNBER working paper seriesvno. w6785 aNovember 1998.3 aA half-century of empirical work on the factor proportions theory has identified devise simple amendments that bring theory and data into reasonable congruence. Our study considers standard and novel hypotheses regarding the failures of the Heckscher-Ohlin-Vanek formulation and is the first to examine these directly on the technology and absorption data of interest. We show how a few simple and plausible amendments, verified directly by this data, suffice for a striking confirmation of the HOV theory. Countries export the services of abundant factors and in approximately the right magnitude. HOV works. aHardcopy version available to institutional subscribers. aSystem requirements: Adobe [Acrobat] Reader required for PDF files. aMode of access: World Wide Web. 7aF1 - Trade2Journal of Economic Literature class.1 aWeinstein, David E.2 aNational Bureau of Economic Research. 0aWorking Paper Series (National Bureau of Economic Research)vno. w6785.4 uhttp://www.nber.org/papers/w678541uhttp://dx.doi.org/10.3386/w6785